Twenty percent of adults in a particular community have at least a​ bachelor's degree. Suppose x is a binomial random variable
1 answer:
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Answer:
a) 0.0392
b) 0.4688
c) At least $39,070 to be among the 5% most expensive.
Step-by-step explanation:
Problems of normally distributed samples can be solved using the z-score formula.
In a set with mean and standard deviation
, the zscore of a measure X is given by:
The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.
In this problem, we have that:
a. What is the probability that a wedding costs less than $20,000 (to 4 decimals)?
This is the pvalue of Z when X = 20000. So
has a pvalue of 0.0392.
So this probability is 0.0392.
b. What is the probability that a wedding costs between $20,000 and $30,000 (to 4 decimals)?
This is the pvalue of Z when X = 30000 subtracted by the pvalue of Z when X = 20000.
X = 30000
has a pvalue of 0.5080.
X = 20000
has a pvalue of 0.0392.
So this probability is 0.5080 - 0.0392 = 0.4688
c. For a wedding to be among the 5% most expensive, how much would it have to cost (to the nearest whole number)?
This is the value of X when Z has a pvalue of 0.95. So this is X when Z = 1.645.
The wedding would have to cost at least $39,070 to be among the 5% most expensive.
Answer:
The equivalent percentage point drop = 10%
Step-by-step explanation:
The percentage point change is the difference between the final and initial values.
The percentage change is the difference between the final and initial values
divided by the initial value
It is required to decrease the dropout rate from 30% to 20%
The point change = 20 - 30 = -10 (-ve change ⇒ decrease)
The percentage change = %
So, the equivalent percentage point drop = <u>10%</u>
And the percentage change = <u>33.33%</u>
Answer:
9 feet
Step-by-step explanation:
Given:
The border of the garden is a right angled triangle.
Two lengths are given as 12 ft and 15 ft.
Let the length of the shortest timber be 'x' feet.
Now, in a right angled triangle, the longest length is called the hypotenuse.
As 15 feet is the largest length, it is the hypotenuse of the triangle. Now, applying Pythagoras theorem, we get:
The negative value is neglected as length can never be negative.
Therefore, the length of the shortest timber is 9 feet.
Answer: The first equation is an equation of a parabola. The second equation is an equation of a line.
Explanation:
The first equation is,
In this equation the degree of y is 1 and the degree of x is 2. The degree of both variables are not same. Since the coefficients of y and higher degree of x is positive, therefore it is a graph of an upward parabola.
The second equation is,
In this equation the degree of x is 1 and the degree of y is 1. The degree of both variables are same. Since both variables have same degree which is 1, therefore it is linear equation and it forms a line.
Therefore, the first equation is an equation of a parabola. The second equation is an equation of a line.